| Schedule of disaggregates revenue by segment and by source |
| | | | | | | | | Three months ended | | | | March 31, | | | | 2026 | | 2025 | | | | | amounts in thousands | Baseball: | | | | | | | Baseball event | | $ | 23,738 | | 883 | | Broadcasting | | | 2,519 | | 4,291 | | Retail and licensing | | | 7,283 | | 6,080 | | Other | | | 12,206 | | 17,367 | | Total Baseball | | | 45,746 | | 28,621 | | Mixed-Use Development | | | 26,261 | | 18,590 | | Total revenue | | $ | 72,007 | | 47,211 | |
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| Schedule of revenue and adjusted OIBDA |
| | | | | | | | | | | | | Three months ended | | | | March 31, 2026 | | | | amounts in thousands | | | | Baseball | | | Mixed-Use Development | | | Total | | | | | | | Revenue from external customers | | $ | 45,746 | | $ | 26,261 | | $ | 72,007 | | | | | | | | | | | | | Less: (1) | | | | | | | | | | | Baseball operating costs | | | 56,616 | | | — | | | | | Mixed-Use Development costs | | | — | | | 4,258 | | | | | Other segment items (2) | | | 21,463 | | | 4,407 | | | | | Segment Adjusted OIBDA | | | (32,333) | | | 17,596 | | $ | (14,737) | | | | | | | | | | | | | Reconciliation of Adjusted OIBDA | | | | | | | | | | | Corporate and other costs | | | | | | | | | (2,820) | | Stock-based compensation | | | | | | | | | (6,568) | | Depreciation and amortization | | | | | | | | | (17,126) | | Operating income (loss) | | | | | | | | $ | (41,251) | | Interest expense | | | | | | | | | (11,170) | | Share of earnings (losses) of affiliates, net | | | | | | | | | (320) | | Realized and unrealized gains (losses) on financial instruments, net | | | | | | 927 | | Other, net | | | | | | | | | 1,194 | | Earnings (loss) before income taxes | | | | | | | | $ | (50,620) | |
| (1) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. |
| (2) | Other segment items represent selling, general and administrative costs, excluding stock-based compensation expense and other insignificant items. |
| | | | | | | | | | | | | Three months ended | | | | March 31, 2025 | | | | amounts in thousands | | | | Baseball | | | Mixed-Use Development | | | Total | | | | | | | Revenue from external customers | | $ | 28,621 | | $ | 18,590 | | $ | 47,211 | | | | | | | | | | | | | Less: (1) | | | | | | | | | | | Baseball operating costs | | | 48,763 | | | — | | | | | Mixed-Use Development costs | | | — | | | 2,408 | | | | | Other segment items (2) | | | 19,458 | | | 3,295 | | | | | Segment Adjusted OIBDA | | | (39,600) | | | 12,887 | | $ | (26,713) | | | | | | | | | | | | | Reconciliation of Adjusted OIBDA | | | | | | | | | | | Corporate and other costs | | | | | | | | | (1,836) | | Stock-based compensation | | | | | | | | | (2,646) | | Depreciation and amortization | | | | | | | | | (13,257) | | Operating income (loss) | | | | | | | | $ | (44,452) | | Interest expense | | | | | | | | | (10,344) | | Share of earnings (losses) of affiliates, net | | | | | | | | | 322 | | Realized and unrealized gains (losses) on financial instruments, net | | | | | | (637) | | Other, net | | | | | | | | | 1,213 | | Earnings (loss) before income taxes | | | | | | | | $ | (53,898) | |
| (1) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. |
| (2) | Other segment items represent selling, general and administrative costs, excluding stock-based compensation expense and other insignificant items. |
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